Drag and concept racers net almost $7m

RM's recent Icons of Speed and Style auction in Los Angeles featured a number of the most unique and defining cars in the sport of drag racing.

The biggest sale was "The Little Red Wagon" -a 1965 Dodge A100 Pickup Truck which sold for $550,000, almosttwice its pre-auction estimate.

The Little Red Wagon was drag racing's first full-time exhibition act, and has thrilled racing crowds for nearly 40 years. On one occasion,driver Bill "Maverick" Golden rode it a quarter mile will the wheels up in the mid-to-11 second range.

1965 Dodge A100 Pickup Truck, "Little Red Wagon", sold for $550,000

Another drag racing legend to go under the hammer was the unmistakable 1965 Dodge Deora Concept Car, which sold for $324,500 in front ofa rapturous audience.

Many would recognise the Detroit-built Deora from the Hot Wheels range of toy cars released by Mattel. It remains the company's highest-selling toy.

Theincredible auction collection was assembled by a private, single collector; including 80 historic vehicles and 70 lots of memorabilia.